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What Is VeThor Token (VTHO): The Gas Powering VeChainThor Blockchain
VeThor Token (VTHO) is one of the two integral tokens of the VeChainThor blockchain, a project that originated in 2015 and underwent significant rebranding in 2018. While VeChain Token (VET) acts as the primary utility token, VeThor Token serves a distinct purpose: it powers the blockchain’s transactions and smart contracts. VTHO is a VIP-180 Standard token, specifically designed to represent the "gas" costs required for blockchain operations. Its unique role ensures the seamless functionality of the VeChainThor ecosystem.
How Does VeThor Token Work?
The VeThor Token operates as the backbone of the VeChainThor blockchain’s functionality. In this dual-token model, VTHO enables users to execute transactions and interact with smart contracts on the platform. It functions as the blockchain’s "gas currency," facilitating the transfer of data and payments between parties while maintaining low and predictable transaction fees. As a cryptocurrency, it plays a vital role in ensuring seamless blockchain operations and financial transactions.
One of the standout features of the VeChainThor blockchain is its meta-transaction capabilities. These allow enterprises to execute multi-party payments and multi-task transactions efficiently. Moreover, the blockchain’s open-source design and high processing speeds make it an attractive choice for developers and enterprises alike. The separation of VTHO from VET’s market value shields the network’s operational costs from market volatility, ensuring stability and long-term scalability.
VeThor Token Founding Team
The VeThor Token and the VeChainThor blockchain were developed under the leadership of Sunny Lu, a visionary entrepreneur with a rich professional background. Before founding VeChain in 2015, Lu held prominent positions such as IT Manager at Bacardi China and Chief Technical Officer for Louis Vuitton China. His expertise in both technology and luxury branding laid the foundation for VeChain’s enterprise-focused blockchain solutions.
Initially launched as a subsidiary of Bitse, one of China’s leading blockchain firms, VeChain eventually became an independent entity. The rebranding in 2018 marked the creation of the VeChainThor blockchain and its dual-token ecosystem, with VTHO emerging as a crucial component.
VeThor Tokenomics
The VeThor Token’s tokenomics are designed to align incentives and maintain a balanced ecosystem. VTHO is generated from VET holdings, with each VET token producing 0.00000005 VTHO per block. The maximum supply of VET stands at 86,712,634,466 tokens, while the circulating supply is approximately 64.3 billion as of January 2025. Meanwhile, VTHO’s supply is significantly lower, with about 31.9 billion tokens in circulation.
The VeChain Renaissance initiative introduces optimized tokenomics to better reward active contributors, including validators, developers, and economic node participants. This evolution includes a dynamic VTHO issuance model and new staking opportunities, ensuring the ecosystem remains economically sustainable and scalable.
Is VeThor Token a Good Investment?
VeThor Token benefits from a well-established blockchain project in VeChainThor, which has consistently delivered enterprise-focused solutions since its inception. The dual-token model distinguishes it from competitors by addressing common blockchain challenges, such as unpredictable transaction fees. The VeChainThor blockchain is highly versatile, supporting enterprise-grade applications with features like meta-transactions, multi-party payments, and enhanced transaction speeds. Its adoption by major companies for supply chain management, sustainability tracking, and data integrity demonstrates its real-world value. Furthermore, the VeChain Renaissance initiative ensures VTHO’s tokenomics are aligned with long-term growth. By rewarding active participants and introducing dynamic fee mechanisms, the ecosystem becomes more inclusive and economically sustainable. These enhancements improve incentives for staking, development, and ecosystem security.
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